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SIF Group Funding Status

 
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CoalCzar

posts: 2

Jun 01, 2009 3:30 PM ET    Quote  Report Abuse
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I was wondering if anyone had any information on SIF Group and if they had funded or not.  I was watching the last post on this group and all of a sudden the topic was closed.  I would appreciate any information before I get involved.
stack

posts: 2

Jun 02, 2009 1:19 PM ET    Quote  Report Abuse
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i have been following this forum  for a while and i am supposed to get funded this week can anyone tell me if they have gotten funding.my email is mwilljr@hotmil.com
skysthelimit

posts: 20

Jun 03, 2009 3:14 PM ET    Quote  Report Abuse
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Hi,

I followed the previous SIF thread until the topic was closed but I heard of one guy that emailed me directly and said that his brother was funded and he was waiting to get his funding in a week or so....I waited and then I emailed him to see if he had ever personally received his funds, but hadn`t heard anything since and that was about a month ago.  If anyone has updates on funding or otherwise, can you please email me at temperancej@hotmail.com

Thanks-
dric3000

posts: 7

Jun 03, 2009 5:47 PM ET    Quote  Report Abuse
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I don`t have any updates on funding. I too was supposed to be funding this week. My original fund date was set for June 2. On Monday, June 1, I was rescheduled to June 4 because funding docs had not been received. Today, I was just informed funding docs are now being sent by the end of business day Friday. I don`t have a scheduled funding date as of yet. Is anyone else experiencing this type of delay?
alterego970

posts: 4

Jun 03, 2009 6:32 PM ET    Quote  Report Abuse
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I myself received an email directly from SIF sometime in early May stating that their entire program was being revamped due to numerous outside problems.  I was told that all exisiting apps including mine were being reprocessed and that all of us would be guaranteed funding sometime between June 1-5 which is this Friday.  As of yet I haven`t heard anything else as to when I would be funded so I am giving it until close of biz on Friday as orig indicated.  dric300, have you been receiving updates from SIF driectly or thru your broker/reseller?
skysthelimit

posts: 20

Jun 03, 2009 7:45 PM ET    Quote  Report Abuse
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Hi dric3000&alterego970,

Can you guys please keep us posted as to if you actually get funded.  If SIF is intending on doing a company wide revamp, I don`t want to send in my money and it gets tied up in delays with the program.  Please advise on insight that you have recieved from you broker on program changes.

Thanks-
dric3000

posts: 7

Jun 03, 2009 8:15 PM ET    Quote  Report Abuse
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I have been receiving updates from my broker/reseller. I have never had any direct communication with SIF. I am not aware of any program changes at this time, but will keep everyone informed of what transpires.
dric3000

posts: 7

Jun 03, 2009 8:21 PM ET    Quote  Report Abuse
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alterego970- were you given the specific changes that are being made to the program? I would like to know if any of these changes have to do with the insurance, investment platform or the fees.
alterego970

posts: 4

Jun 03, 2009 9:46 PM ET    Quote  Report Abuse
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According to the email I received from SIF the program changes weren`t going to affect those who already had pending apps.  It only applied to new apps, there would be no more reservation fees at all, no more "resellers", max 25 biz day funding, and all would be streamlined to prevent the problems that plagued this go round.  Sounds like they did their homework to improve it but I`m still waiting on my original funding to go thru first before I worry about any changes.
tunajaz

posts: 2

Jun 04, 2009 12:10 AM ET    Quote  Report Abuse
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I am also waiting for funding I sent my money and got approved on April 15, May 15th would have been the date that I should have funded but nothing. I did get a letter saying that the company was going through a restructuring of sorts because there was over charging going on with the fees charging more than 695. This letter also said that between the 1st and the 5th of June we were getting answers and or funding. This is from 2 resellers that work for the company stay positive if nothing happens by the end of this month I have more info and will give it up by the end of the month. Because if nothing happens I want all hell to break loose on these guys and this roller coaster ride that I`m feeling rite now. 
 
Only one thing worries me the phone number I have is not disconnected but they dont answer or it goes to mail box full. 
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